Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Decreases By 62.0%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 16,245 shares, a decline of 62.0% from the June 15th total of 42,741 shares. Based on an average daily volume of 77,234 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

American Century Diversified Corporate Bond ETF Stock Performance

NYSEARCA KORP opened at $46.29 on Monday. The firm has a 50-day moving average of $46.66 and a 200-day moving average of $47.01. American Century Diversified Corporate Bond ETF has a 52-week low of $46.03 and a 52-week high of $48.16.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

Hedge funds have recently bought and sold shares of the stock. Networth Advisors LLC bought a new position in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth approximately $3,038,000. World Investment Advisors acquired a new stake in American Century Diversified Corporate Bond ETF during the 4th quarter worth approximately $555,000. JPMorgan Chase & Co. boosted its stake in American Century Diversified Corporate Bond ETF by 71.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 97,062 shares of the company’s stock valued at $4,620,000 after purchasing an additional 40,356 shares during the period. Fifth Third Securities Inc. boosted its stake in American Century Diversified Corporate Bond ETF by 11.4% in the 4th quarter. Fifth Third Securities Inc. now owns 164,614 shares of the company’s stock valued at $7,778,000 after purchasing an additional 16,808 shares during the period. Finally, Flaharty Asset Management LLC grew its holdings in American Century Diversified Corporate Bond ETF by 4.3% in the 4th quarter. Flaharty Asset Management LLC now owns 666,494 shares of the company’s stock valued at $31,492,000 after buying an additional 27,330 shares in the last quarter.

About American Century Diversified Corporate Bond ETF

The American Century Diversified Corporate Bond ETF (KORP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, U.S. denominated portfolio of corporate debt securities and investments KORP was launched on Jan 11, 2018 and is managed by American Century Investments.